About zenda
zenda is a company based in Dubai (United Arab Emirates) founded in 2021 by Haseeb Ahmed and Raman Thiagarajan. zenda has raised $9.4 million across 1 funding round from investors including VentureSouq, COTU Ventures and Global Founders Capital. The company has 82 employees as of April 09, 2024. zenda offers products and services including Zenda App, Payment Plans, and Marketplace. zenda operates in a competitive market with competitors including PayNest, eUPP and Eduzer, among others.
- Headquarter Dubai, United Arab Emirates
- Employees 82 as on 09 Apr, 2024
- Founders Haseeb Ahmed, Raman Thiagarajan
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Sectors
EducationFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Zenda Technology Solutions India Private Limited
- Date of Incorporation 18 Jul, 2022
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$189.95 K (USD)0as on Mar 31, 2023
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Net Profit
-$189.66 K (USD)0as on Mar 31, 2023
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EBITDA
-$188.96 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$9.4 M (USD)
in 1 rounds
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Latest Funding Round
$9.4 M (USD), Seed
Apr 24, 2022
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Investors
VentureSouq
& 3 more
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Employee Count
82
as on Apr 09, 2024
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Products & Services of zenda
zenda offers a comprehensive portfolio of products and services, including Zenda App, Payment Plans, and Marketplace.
App for secure school fee payments and supply purchases.
Flexible options for splitting school bills over time.
Online store for buying school uniforms and supplies.
People of zenda
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Funding Insights of zenda
zenda has successfully raised a total of $9.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $9.4 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $9.4M
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First Round
First Round
(24 Apr 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - zenda | Valuation | VentureSouq , COTU Ventures |
Investors in zenda
zenda has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include VentureSouq, COTU Ventures and Global Founders Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Angel investments in early-stage ventures are managed by VentureSouq.
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Founded Year | Domain | Location | |
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Venture capital fund investing in pre-seed stage fintech startup
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location |
Investments & Acquisitions by zenda
Financial Statements - zenda
Zenda Comparisons
Competitors of zenda
zenda operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PayNest, eUPP and Eduzer, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based payment and management platform for individuals
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| domain | founded_year | HQ Location |
Offers an online fee payment system for educational institutions.
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| domain | founded_year | HQ Location |
Automated platform for online fee collection and management in schools.
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Frequently Asked Questions about zenda
zenda was founded in 2021 and raised its 1st funding round 1 year after it was founded.
zenda is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Raman Thiagarajan is the current CEO of zenda. They have also founded this company.
zenda is a funded company, having raised a total of $9.4M across 1 funding round to date. The company's 1st funding round was a Seed of $9.4M, raised on Apr 24, 2022.
As of Apr 09, 2024, the latest employee count at zenda is 82.
Annual revenue of zenda is $189.95K as on Mar 31, 2023.
Zenda was founded in 2021 in Dubai, United Arab Emirates, as a fintech provider focused on education payments. Pay-now and pay-later solutions are delivered through an app for families and students handling school bills. Lending services for schools are also provided, including automated reconciliation and analytics tools. Rewards are extended to borrowers upon repayment of funds. Operations target the student lending sector in the region.
zenda offers Zenda App, Payment Plans, and Marketplace.
zenda has 4 investors. Key investors include VentureSouq, COTU Ventures, Global Founders Capital, and STV.